Agilysys, Inc. (NASDAQ:AGYS) Director Kaufman 2012 Descendants Trust Sells 7,500 Shares

Agilysys, Inc. (NASDAQ:AGYS) Director Kaufman 2012 Descendants Trust sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $125.49, for a total value of $941,175.00. Following the completion of the transaction, the director now owns 248,076 shares in the company, valued at $31,131,057.24. This represents a 2.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Kaufman 2012 Descendants Trust also recently made the following trade(s):

• On Friday, January 17th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $128.17, for a total value of $961,275.00.
• On Wednesday, January 15th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $132.98, for a total transaction of $997,350.00.
• On Monday, January 13th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $126.26, for a total transaction of $946,950.00.
• On Friday, January 10th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $130.29, for a total transaction of $977,175.00.
• On Wednesday, January 8th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $132.04, for a total value of $990,300.00.
• On Monday, January 6th, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The stock was sold at an average price of $130.34, for a total value of $977,550.00.
• On Thursday, January 2nd, Kaufman 2012 Descendants Trust sold 7,500 shares of Agilysys stock. The shares were sold at an average price of $130.55, for a total value of $979,125.00.

Agilysys Price Performance

Shares of NASDAQ AGYS opened at $125.90 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.07 and a current ratio of 1.13. Agilysys, Inc. has a fifty-two week low of $74.03 and a fifty-two week high of $142.64. The stock has a market cap of $3.52 billion, a PE ratio of 35.87 and a beta of 0.94. The stock has a fifty day moving average of $131.80 and a 200-day moving average of $116.74.

Agilysys (NASDAQ:AGYS) last announced its quarterly earnings results on Tuesday, January 21st. The software maker reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.04. Agilysys had a return on equity of 10.53% and a net margin of 37.54%. The firm had revenue of $69.60 million for the quarter, compared to analysts’ expectations of $73,149.20 billion. During the same period in the prior year, the business posted $0.35 earnings per share. The company’s revenue was up 14.9% on a year-over-year basis. Equities research analysts anticipate that Agilysys, Inc. will post 0.81 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. StockNews.com lowered shares of Agilysys from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. Oppenheimer raised their price target on shares of Agilysys from $135.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. BTIG Research lifted their price target on shares of Agilysys from $118.00 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Northland Securities increased their price objective on Agilysys from $145.00 to $186.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Finally, Needham & Company LLC boosted their target price on Agilysys from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $146.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Advisors Asset Management Inc. raised its position in shares of Agilysys by 117.4% in the third quarter. Advisors Asset Management Inc. now owns 337 shares of the software maker’s stock worth $37,000 after buying an additional 182 shares in the last quarter. GAMMA Investing LLC increased its stake in Agilysys by 66.7% in the 3rd quarter. GAMMA Investing LLC now owns 415 shares of the software maker’s stock worth $45,000 after acquiring an additional 166 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Agilysys in the 3rd quarter valued at about $46,000. Harbor Investment Advisory LLC boosted its position in shares of Agilysys by 109.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 370 shares of the software maker’s stock valued at $49,000 after acquiring an additional 193 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Agilysys by 76.2% during the third quarter. Exchange Traded Concepts LLC now owns 474 shares of the software maker’s stock worth $52,000 after purchasing an additional 205 shares in the last quarter. 88.00% of the stock is owned by institutional investors.

Agilysys Company Profile

Agilysys, Inc operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. It offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services.